Latin American Keys is an informative and analytical summary regarding the political and economic situation in the Latin American region. These key takeaways, prepared monthly by ATREVIA´s Analysis and Research team, serve to be a useful tool in understanding the evolution of the political-institutional state of Latin America, a need that the pandemic has further exaggerated.
In recent weeks there has been a significant increase in the number of Covid-19 cases in the region, prompting several countries to consider resuming some health control measures.
The biggest news in Latin America was the impeachment of Peruvian President Pedro Castillo following his attempt to shut down Congress and install an emergency government. Argentina’s vice-president Cristina Fernández de Kirchner was sentenced to six years in prison for fraudulent administration.
On the other hand, political tension eased in Bolivia, after the government and the Comité Cruceño reached an agreement for the census to finally take place in 2024, following a 36-day civic strike. Meanwhile in Brazil, President-elect Luiz Inácio Lula da Silva announced the first five members of his next cabinet.
The trade agreement between Mexico and Ecuador is moving forward, bringing Ecuador closer to joining the Pacific Alliance. This comes at a time when Mexico has positioned itself as the United States’ main trading partner.
Colombia recorded the highest inflation in 23 years, which will influence negotiations to establish the minimum wage for 2023, and Chile’s Industrial Production Index fell for the fifth consecutive month.